Risks – DRI ANZ

Business Continuity and the Life Cycle of Change

There could be a self-contradiction in the term “business continuity”. We hear so much about the increasing pace of change in technology, organizations, and business in general. So does that mean business continuity is incompatible with the need to continually adapt to new markets and environments? Thankfully, there’s a loophole – after all, we also hear frequently that the only constant is change. Business continuity that continually aligns the business to meet varying conditions then unifies “continuity” and “change”. So far so good, but in that case business continuity managers will also need to understand change and how to handle it. Read more

2016-07-11T10:51:12+10:00By Dri-ANZ|Business Continuity|

Business Impact Analysis – The Input, the Whole Input, Nothing but the Input

Business Impact Analysis (BIA) is a key part of the Disaster Recovery Planning process. Good judgment is a part of the whole DR planning, but the specific challenge of identifying possible risks and their impact in the first place is part of the BIA. You’ll need to ask the people who know about the vulnerabilities that could affect their jobs, teams or departments. You’ll also need to do that in ways that allow you to be reasonably sure that you’ve spotted all the impacts that count and the basis that need to be covered. Read more

2013-11-25T10:32:54+11:00By Dri-ANZ|Disaster Recovery|

Disaster Recovery Services – Checking Up

Would it surprise you to know that enterprises often spend around 25% of their information technology budget on disaster recovery solutions? With all that’s at stake including the survival in the market, companies can’t afford to get it wrong. While IT teams and internal auditors may be working on DR procedures and compliance, disaster recovery managers need to see the overall picture and identify any gaps or shortfalls that must addressed. The DR planning documents that list disaster recovery risks, impacts and objectives are the starting point. But while a plan is necessary, it’s not sufficient: execution and checking are vital components as well. Read more

2013-11-25T10:28:50+11:00By Dri-ANZ|Disaster Recovery|

Disaster Recovery Ramifications – Reputation, Morale and More

Disaster recovery is a term that originated in IT, referring to recovery of computer and network systems after serious interruption of operations or damage. However, from an overall business point of view it would be foolhardy to ignore the further reaching effects of IT incidents; and to what extent DR planning and management contain or exacerbate these effects. One of the major risks that accompanies IT disasters is reputational damage – especially when the IT systems directly concern an organization’s customers or constituents. How much do DR metrics like recovery time objective (RTO) take reputational damage into consideration? Read more

2013-11-25T10:27:32+11:00By Dri-ANZ|Disaster Recovery|